Daily Dose

After last week’s news regarding the significant drop in forbearance volumes, the market saw an uptick of 19,000 loans this week. Black Knight’s McDash Flash Forbearance Tracker shows that though volumes increased week-over-week, there is still reason to be optimistic ...

Reports that COVID-19 is causing a migration from urban centers to suburbs abound, but are those stories entirely accurate? First American Chief Economist Mark Fleming recently revealed his insights regarding those rumors about pandemic-driven migration in America. Specifically, Fleming weighed ...

Since 2008, when they entered FHFA conservatorship, Fannie Mae and Freddie Mac have completed a total of 4,916,088 foreclosure prevention actions. The FHFA this week published its latest numbers, which show that: The two GSEs completed 230,198 foreclosure prevention actions ...

The major banks this week reported Q3 returns. For top three U.S. banks—Bank of America, Wells Fargo, and Goldman Sachs—NASDAQ summarized that " results were notably better than expected" but "mixed." JPMorgan Chase also reported better financial performance than was ...

This story originally appeared in the October edition of DSNews, out now. A solid economic recovery and red-hot housing market helped drive the vacant “zombie” foreclosure rate to new lows in the first half of 2020, even as the coronavirus crisis threatens to trigger a resurgence ...

Moratoria and the CARES Act have effectively halted foreclosure activity—those filings are at an all-time low—but the numbers "are artificially low," analysts say. Some predict a significant "burst" once government programs expire.  ATTOM Data Solutions, which collects and analyzes foreclosure data, ...

In September 2019, President Donald Trump and his administration initiated a process whereby Fannie Mae and Freddie Mac would exit conservatorship. Former Freddie Mac CEO Don Layton, now a Senior Industry Fellow at Harvard's Joint Center for Housing Studies, says ...

Even as businesses begin to reopen, the unemployment rate remains a cause for concern among economists. That makes for much fiscal uncertainty. But despite weakness in the labor market, the housing sector remains robust—it has been reported over the past ...

Ginnie Mae announced that it issued $748 billion in MBSs in the fiscal year ending September 30, which it said resulted in more than "2.8 million households securing affordable homeownership and rental housing." The dollar amount, according to Ginnie Mae, ...

COVID-19 has created significant problems in the residential rental market, with dramatic increases and decreases in rents in certain regions of the country—that is supported by a report from AdvisorSmith, which studied patterns in rental prices in more than 500 ...